Stock Technical indicators to notice in SCHWARZ PHARMA (SRZ.HA)
1- Last bullish trend was from 112.56 $ (7/8/2009) to 116.42 $ (7/15/2009) a 3.86 $ move 2- The current bearish trend started from 116.42 $ at 7/15/2009 and is currently trading at 113.06 $.
4- SRZ.HA current resistance level is at 114.03 which is the 61.80 % fibonacci retracement of the last 3.86 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
SCHWARZ PHARMA (SRZ.HA) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 16.050 $ height triangle which was broken down at 112.960, target of the pattern is 96.910.
SCHWARZ PHARMA (SRZ.HA) Mid term stock chart patterns for internet stock trading :
None.
SCHWARZ PHARMA (SRZ.HA) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
SCHWARZ PHARMA (SRZ.HA) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 113.21, 113.85, 114.03, 114.34, 114.49, 114.74, 114.95, 115.14, 115.51, 116.42,.
Stock Support levels : 112.56, 111.51, 110.17,.
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